Amer Sports Launches Public Share Offering of 34M Shares

December 3, 2024

Amer Sports, Inc., the global group of sports and outdoor brands, which includes Arc’teryx, Salomon and Wilson Sports, has launched a public offering of 34 million ordinary shares. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 5.1 million ordinary shares.

Amer Sports said it intends to use the net proceeds it receives from the proposed offering to repay a portion of its outstanding borrowings under its term loan facilities. SGB